What does a Financial Advisor salary really buy you in Ohio?
Ohio is 8.5% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Ohio's Regional Price Parity (RPP) is 91.5, meaning prices are 8.5% lower the national average. A Financial Advisor earning $82,100 in Ohio has the equivalent purchasing power of $89,726 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Ohio's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $46,280 | $50,579 | +$4,299 |
| 25th Percentile (P25) | $60,990 | $66,655 | +$5,665 |
| Median (P50) | $82,100 | $89,726 | +$7,626 |
| 75th Percentile (P75) | $151,490 | $165,562 | +$14,072 |
| 90th Percentile (P90) | $238,140 | $260,262 | +$22,122 |
A Financial Advisor in Ohio earns $82,100 on paper, but low living costs mean your money goes 9% further — like earning $89,726 in an average-cost state. This makes Ohio one of the best value states for this occupation.
Where does Financial Advisor salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Ohio ranks #28 out of 46 states for Financial Advisor after cost-of-living adjustment.
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A Financial Advisor in Ohio earns a median salary of $82,100 per year. After adjusting for Ohio's cost of living (RPP=91.5), the real purchasing power is $89,726 — a +9.3% difference.
Ohio's cost of living is 8.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Ohio is 91.5 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial Advisor in Ohio: $82,100 x (100 / 91.5) = $89,726. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Financial Advisor in Ohio enjoys 9.3% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.